AAXJ Stock Summary and Trading Ideas (iShares MSCI All Country Asia Ex Japan ETF | NASDAQ:AAXJ)

The iShares MSCI All Country Asia ex Japan Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Country Asia ex Japan Index.

iShares MSCI All Country Asia Ex Japan ETF trades on the NASDAQ stock market under the symbol AAXJ.

As of April 19, 2024, AAXJ stock price declined to $65.36 with 257,820 million shares trading.

AAXJ has a beta of 0.93, meaning it tends to be less sensitive to market movements. AAXJ has a correlation of 0.51 to the broad based SPY ETF.

AAXJ has a market cap of $2.16 billion. This is considered a Mid Cap stock.

In the last 3 years, AAXJ stock traded as high as $96.39 and as low as $54.39.

AAXJ has underperformed the market in the last year with a price return of -2.2% while the SPY ETF gained +21.3%. However, in the short term, AAXJ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.7% vs +4.4% return in SPY. But in the last 2 weeks, AAXJ shares have been beat by the market, returning -3.7% compared to an SPY return of -3.4%.

AAXJ support price is $65.38 and resistance is $66.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAXJ stock will trade within this expected range on the day.